NN Inc
NNBR
86 hedge funds and large institutions have $277M invested in NN Inc in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 14 closing their positions.
192% more call options, than puts
Call options by funds: $251K | Put options by funds: $86K
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.45% less ownership
Funds ownership: 94.23% → 91.79% (-2.4%)
5% less funds holding
Funds holding: 91 → 86 (-5)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
29% less capital invested
Capital invested by funds: $389M → $277M (-$112M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.84M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$1.06M |
| 3 |
JP Morgan Chase
New York
|
+$883K |
| 4 |
BlackRock
New York
|
+$706K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$702K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$13.3M |
| 2 |
RA
Royce & Associates
New York
|
-$2.26M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.07M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.06M |
| 5 |
Jennison Associates
New York
|
-$683K |
NNBR Hedge Fund Activity: Q3 2019 in Review
86 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q3 2019, worth a combined $277M — down 29% from $389M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NNBR and 10 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 33 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $3.84M. The largest seller was Homestead Advisers, exiting entirely with an estimated $13.3M sold.
- 86 institutional investors held NN Inc (NNBR) as of Q3 2019, down from 91 in Q2 2019.
- Funds reported $277M of NN Inc stock for Q3 2019, down 29% quarter-over-quarter.
- 10 funds opened new NN Inc positions in Q3 2019 and 14 closed out, a net change of -4 holders.
- The largest NN Inc buyer in Q3 2019 was Paradigm Capital Management Inc, an estimated $3.84M added.
- The largest NN Inc seller in Q3 2019 was Homestead Advisers, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2019.